The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construccion SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|Sacyr SA||Parent Company||Infrastructure||owns||Sacyr Construcción, S.A.U.||Client||Transport|
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
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ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IDB Invest is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).